The devaluation of the ruble and its influence on the real value of the Primorsky Region budget income

Authors
  • Латкин Александр Павлович

    Vladivostok State University of Economics and Service
    Vladivostok. Russia

  • Velichko S.S.

    Vladivostok State University of Economics and Service
    Vladivostok. Russia

Abstract

This article describes the trends of Russian economy over the past five years, its basic features and reasons for crisis situation. The special attention is paid to the problem of growing federal budget deficit and its relation to the budgets of Primorsky Region. The necessity to adjust the dynamics of tax revenues is considered with the official consumer price index.


Keywords: crisis economy, standard of living, formal and real tax revenues, the Consumer Price Index.